Current Affairs - Banking - Discussion

An 'A' Class Scheduled Commercial Bank, Karnataka Bank has tied up with fintech company Finwizard Technology Pvt Ltd (widely known as "fisdom") to offer wealth management products and services, beginning with mutual funds (MFs), through its 'KBL Mobile Plus' application. The app enables customers to invest in any mutual fund & also help them navigate and select the best-suited funds besides having additional services like redemption assistance and live tracking. With this, the bank will deepen the penetration of its product offers and enable more customers experience through a digital proposition. Since 2006, The Karnataka bank offering mutual funds to its customers.